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Search Results 0 to 14 of about 15 (some duplicates have been removed)
nancy pelosi insisted on. why don't we roll back pull back to the level of real spending adjusted for inflation that we had when president bush took office. this is obama's deficit. it's not bush's deficit. 161 billion, we had all the tax cuts in place. thankfully, we have the prescription drug coverage. gerri: is that obama for another four years? what's going to happen next? >> we will either get a deal and there will be some tax increases, but real spending reductions or some of these only reductions that the president likes to cook up, is he going to and the war for the 11th time? gerri: he scored twice. my real question was, what would happen to the debt president got reelected? we have $5.6 trillion in the last administration, will we get another 5.6 trillion? >> i think we will get another five or $6 trillion. if we cut the deficit now about doing the things we need to do to undo the mess so the economy can grow, we will go into a recession. so once you cut the deficit, you lose it all right there. that is exactly what's going to happen. gerri: the economy really matters. n
alone and nancy pelosi in the house said much the same. they're putting and knocking a lot off the table. >> so you won't like this, but two separate issues. stimulus spending on one hand, the president hasn't called for it. leave entitlement spending alone, again, not the central argument that the president has been making, he has already indicated that he is willing to look at entitlement spending and he is willing to compromise on that. >> the details and-- >> charlie, by the way, here is where you can'teally believe him. he's made specific recommendations on taxes, it's all laid out there, you know, dividends, you know, upper brackets. he's not made one specific recommendation on entitlement cuts, so-- >> because that's not his primary position, he has indicated he's willing, and-- >> that's right, he doesn't want to do that. >> charlie. >> what do you make of that, that's not on t agenda? >> and he's not submitted a budget in three and a half years period, and he's extreme tli vague, one idea which is correct. tax the rich more, but the rest of it is all just fog, smoke and mirrors.
spending because the proposal so far, a prominent democrats in the nancy pelosi in the house, not touching entitlements, the sentiment among some of these liberal senators who want to a get 30 signatures on this letter. don't touch pretty much any spending. >> and you are looking at the market today, continuing to sell-off. and we are entering into correction territory. some people we will scream this market is oversold. the reaction it was too fierce. the presidential election, but something to point out, if you look back at history typically after a presidential election you normally get a bump in the market because there is certainty brought to the market. republican or democrat, it's over. but this time not the case. there is just no certainty for companies or investors. you do have this mass exodus from the stock market right now from everything for that matter. leaving gold, oil, everything. neil: how long do we expect this to last? i can understand, you know, getting over the confusion and then the shock that they are still fighting in still hate each other, as if that should war an
y tightly by the leadership. republicans, nancy pelosi and reid on the democrat side. very little involvement with anybody else. that is the one thing that bowles and simpson have. obviously they know people in the leadership, so it is unclear exactly how much influence these guys still have even with republicans attend to like bowles and ellen simpson. president obama wants nothing to do with either of them. he's holding fast to get them up. talking to legislative aides, they tell me no deal this week, nothing before thanksgiving and here is the question. when after thanksgiving? who knows, maybe they will intervene and will part the red sea. at least get an extension, but what i'm hearing, does not happen. here is the real issue, guys. the pressure on them mount is of course christmas comes. a huge selling season, huge for the economy. if everybody believes that taxes are going up, a fiscal cliff across the board tax increases, that'll be a real problem for the economy. and the leadership knows that. once thanksgiving is over, the clock starts ticking big-time for these guys and
for coming on. congressman turner, matthew and nicole, greet guests and thank you. meanwhile, nancy pelosi from the top democrat in the house that she is staying on as the minority leader for at least two more years, which means we can look forward to more great insights and commentary on american life and politics. like the ones which make up tonight's top five. at number five, let's call it the pelosi stimulus. >> let me say that this money will be spent quickly and will inject demand into the economy and his dog created and creates job faster. >> in terms of what we have to do in the first 100 days, 500 million people will lose their jobs each month until these economic packages have. gerri: she said that that is more than one occasion. number three. >> we were not told that any of these other enhanced interrogation methods were used. gerri: interesting. and the cia chief said otherwise. >> we have to pass the bill to find out what is in it. away from the fog is a controversy. gerri: she is, of course, talking about obamacare. still to come, and one for online investors. a week to go be
saying it since the canaan -- nancy pelosi saishe had to read the darn thing. >> i know your criticism is they didn't read it before they passed it, but one of the big criticisms here is that there was no cost control in the law, so here we are. >> well, it's going to be that way. health care costs are rising everywhere. it's a universal problem. the thing is the people are going to try to find ways to get around this in the sense that it's going to cost them more and if they can find ways, they'll do it. you got 2200 pages of regulation that you're right, nobody has read. the people who administratorring it hav't read it. they're beginning to read it. we don't know what the ultimate cost is going to be. they're going to be tas that come out of this, all kinds of other things that happen. in the meantime, if you hire over -- this is what is considered a small business -- if there are 50 people or less, you are subject to one thing. if you're hiring more than 50 people, you are subject to something else. if those people work 30 hours a week, they're going to come under obamacare. if the
. that was one word used, a deal is in sight. according to nancy pelosi, watch the market reversed itself. look at the upward movement in the dow industrials. how often does that happen? lawmakers don't will normally get along and say we are working, we feel great going into the weekend and the dow -- nevertheless, they have got to get something done and they have until the end of the year. all four sound positive, republican and democrat alike, so be it. jamie dimon meantime and his financial giant jpmorgan on the verge of settling with the sec over mortgage-backed securities that the firm was overseeing. charlie gasparino has a lot more. charlie: this is from what we understand a semblance in the neighborhood of $250 million. about half of what goldman sachs paid in its own case of where the sec alleged violated securities laws and peddling talks and securities, jpmorgan, you have to look at a lot of ways. there has to be jpmorgan specific activity that occurred during the financial crisis that most of the charges from what i understand will be relating to what is going on at bear stearns. jp
house minority leader nancy pelosi, harry reid, treasury secretary, vice president and senate minority leader mitch mcconnell. stuart: they will be in that spot until the end of the year. another report on government race, the defense department spending $6 billion on nonmilitary research. projects in a million on things like jesus hating fictional space aliens and developing a rollup version. this is the defense department, this is the pentagon. >> we have always argued every corner of the government in every bureaucracy has government abuse in the finance department is not exempt of that. this is another example of out-of-control spending that has gotten $16.2 trillion. remember the stimulus spending, we were paying for things like shrimp, and now every week it seems you are all reporting more on these stories and they never learn. republicans a fiscal cliff conversations should be demanding serious spending cuts. >> i agree. this is our money, fiscal money, taxpayer dollars at work. stuart: more with the company next. @ stuart: time for the highliiht reel. all charles. stuart: mitt
, minority leader nancy pelosi and senate majority leader harry reid and minority leader mitch mcconnell. they fell short of a debt deal last year. with the election out of the way and democrats controlling the white house and senate republicans say they're willing to compromise, to a point. >> the pathway to move forward as the speaker said is mr. president, lead us now but let's not get into this notion that the only way that we can do this is by raising taxes on producers and it's not helpful. it document close the budget gap. >> so here are the opening positions. democrats want rates increased. republicans are willing to discuss curbs to deductions and want an overall -- overhaul of the tax system. a process likely to hit full stride next year. they could create an incentive for congress to finish the work like penalty or sequester for each side if they don't finish. sound familiar? update from charlie gasparino who will be at the white house business leaders meeting on wednesday. david ", hon well-ceo, no -- david hon kote from honeywell. tracy: sequester doesn't work. dock t
right now coming from anyone in all of this. here he read and nancy pelosi really did not mention entitlement at all. rich o'connell highlighted the fact that his conference in the senate believes that this country does not have a taxing problem, it has a spending problem. there are still two very different beliefs on how to address this problem as they move forward. staff will continue working as the president is out of the country. he goes to a show tomorrow. telegraphs and republicans will be back here after the thanksgiving recess. lori: thank you. melissa: will a deal actually get done. joining us now is juan williams. thank you for joining us. what is your pet on this? what do you think that i think there is a lot of political pressure on both sides right now. remember, from the democratic perspective, they think they need a deal and president obama thinks he has a legacy that he has to protect right now. have watched as democrats have picked up seats in the senate and the house and president obama has been reelected. they do not want to be seen as obstacles to a deal that p
should be really afraid of and you know, i've heard people, in your corner like nancy pelosi actually cheer how many people are on food stamp and heard her talk about the multiplier effect and commercials on the radio, hey, go out and get food stamps, is that really the country you want us to be? >> well, look the people who are qualified for food stamps ought to get them instead of going hungry. a program that bob dole and others put together at the beginning. the reality yes we don't want people on food stamps we want people with jobs and working. no question about na. charles: to be fair, mark-- >> the reality we've been in a very deep resection and working out of their recession and while we're working out of this recession, there are not enough jobs. charles: do you fear, one of my greatest fears, it's becoming more seductive to go ahead and drop out the jobs market and give up, because the dole of so much easier. when you start to weigh the pros and cons, that says i'll get my rent paid, and health care paid, a free cell phone, i'll get food, why would i work? why anyone making
Search Results 0 to 14 of about 15 (some duplicates have been removed)